Quote from: cheatoshin0 on December 23, 2017, 08:00:30 PM

Quote from: xibeijan on December 23, 2017, 05:49:47 PM

Quote from: cheatoshin0 on December 23, 2017, 04:24:56 PM

Please read our white paper http://cheatcoin.atwebpages.com/Cheatcoin.doc. The goal is to create a distributed payment system with a large capacity, which is based on the DAG instead of blockchain. The name is already recognized as bad. However it attracts attention well.)

It certain does. I like the name Nectar better.

How many transactions per second can cheatcoin do? What is the main advantage over other crypto?

Theoretically, the number of transactions is unlimited, because they do not need to be combined into blocks of limited size. Each transaction is its own block. Then, in the blockchain technology, the host that produces the block also combines transactions together. But in our system all the hosts help to merge the transactions together. This results in a large decentralization and a smaller load per host. So the number of transactions depends only on the capacity of the network. For example, right now, in a few seconds, I can list 1,000,000 coins, and they are spread out for 1000 wallets for 1,024 coins in each. So, this is 100 separate transactions. Therefore, we can reach the level of dozens of transactions per second in the near future. I think that within a year we will be able to reach the level of hundreds of transactions per second, and within several years - thousands of transactions per second as for large payment systems, for example, VISA.

I think that the name of the coin will need to be determined by the vote of the miners using a hashrate.

Hey, do you think Cheatcoin uses different units? Like Raiblocks, it has the following units: Mrai, Krai, rai. The smallest unit rai transaction can be generated. As far as I know, it also uses DAG technology.